VANCOUVER, British Columbia, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Deep-South Resources Inc. ("Deep-South" or “the Company") (TSX-V: DSM) announces that effective November 10, 2023, it will be changing its name to Koryx Copper Inc.
There is no change in the share capital of the Company and the shareholders are not required to exchange their existing share certificates for new certificates.
Pierre Leveille, President & CEO of Deep-South stated, "The name Deep-South is representing the far south region of Namibia but also represent the area called Deep South in the USA, which is a symbol of segregation. Our company values are opposite to this symbolic. We have decided to change the name to offer a better representativity of our core values.
The name Koryx is an amalgamation of the word “Karas”, which represent the province in which we operate in Namibia and the name “Oryx”, which is an antelope of Namibia. The Oryx is the animal national emblem of Namibia and is represented on the national armories. The Oryx is a symbol for courage, elegance, pride and strength. This is a better representation of our core values, which also include working with and for our people of the Karas region in the south of Namibia and to develop a project for which Karas and Namibian people will be proud for many years to come.”
About Deep-South Resources Inc
Deep-South Resources is a mineral exploration and development company. Deep-South’s growth strategy is to focus on the exploration and development of quality assets in significant mineralized trends and in proximity to infrastructure in stable countries. The Company holds the Haib Copper Project in Namibia and holds an interest in three exploration licenses in the Copperbelt in Zambia. In using and assessing environmentally friendly technologies in the development of its copper projects, Deep-South embraces the green revolution.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
More information is available by contacting Pierre Léveillé, President & CEO at +1-819-340-0140 or at: info@deepsouthresources.com
